KIRUNA, Sweden (AP) — Arctic states agreed Wednesday to let nations that are located nowhere near the Earth’s north to become observers to their diplomatic council, boosting rising economic powers China, India and South Korea, which are seeking to mine the region for its untapped energy and other natural resources.
Posts Tagged East Asia
Excerpts from recent editorials in newspapers in the United States and abroad:
HANOI, Vietnam (AP) — Vietnam’s booming Internet scene is littered with failed startups that tried to take on Google and other entrenched U.S web companies. That’s not deterring a newly launched Russian-Vietnamese outfit which believes it can unseat the American search engine in this fast-growing Asian market and also contend with a jittery, authoritarian government seeking to clamp down on freedom of expression online.
BEIJING (AP) — China is trying to strengthen its claim on tiny, uninhabited, Japanese-controlled islands by raising questions about the much larger Okinawa chain that is home to more than a million Japanese along with major U.S. military installations. The tactic, however, appears to have done little but harden Tokyo’s stance.
TOKYO (AP) — The U.S. hedge fund manager renowned for shaking up Yahoo Inc. has set his sights on Sony Corp., proposing that the Japanese electronics giant spin off up to 20 percent of its movie, TV and music division and use the money to strengthen its ailing device manufacturing unit. Sony rejected the plan, but analysts latched onto the idea as a way for Sony to unlock hidden value.